Digital freight platform Convoy on Monday launched a greenhouse gas Scope 3 emissions reporting solution for shippers in anticipation of future regulation from government agencies looking to make such informing mandatory. In March 2022, the U.S. Securities and Exchange Commission (SEC) proposed a rule that would require publicly traded companies to “include certain climate-related disclosures…
CSX reconfigures network operations and service design teams, adds to site selection program CSX has reconfigured its operations team while adding features to help prospective companies walk through its industrial development program. First off, CSX (NASDAQ: CSX) is combining its network operations and service design teams into one new group, according to an announcement last…
In a Monday note to clients, which described current truckload fundamentals as very difficult, Deutsche Bank analyst Amit Mehrotra said he doesn’t expect any “big negative surprises” when transportation companies report earnings next month. However, he acknowledged the industry consensus formed in recent months that trucking companies would see a positive demand inflection in the…
The annual contract season is down to the final stretch in the trans-Pacific shipping market. U.S. import costs, liner profitability and service reliability all hinge on where contract prices settle in the next few weeks. The plot twist this year is that the prior round of annual contracts were signed at historically high levels and…
Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Truck driver salaries in Mexico averaged $4,400 in 2023; Phillips Industries opens a new plant in Mexico; Arcadia Cold Storage firm eyes Southwest distribution market; and Fr8Tech launches freight matching for LTL services in Mexico. Truck driver…